LOGO
LOGO

Economy And The Numbers

German Exports Fall Unexpectedly

By Jyotsna V   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Germany's exports and imports declined unexpected in October amid the weaker trade activity within Europe, preliminary figures from the statistical office Destatis showed Monday.

Exports decreased for a second month in a row, down a calendar and seasonally adjusted 0.2 percent month-on-month, while economists were looking for a 1.1 percent gain. In September, shipments fell 2.5 percent.

Imports shrunk for a fifth straight month. They fell 1.2 percent from the previous month after a 1.9 percent decline in September. Economists had forecast 0.8 percent growth.

Compared to the previous month, exports to the EU countries fell 2.7 percent and imports from these countries slid 2.8 percent.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19